Large distribution: the majority bill must be “reworked”, says Le Maire


Bruno Le Maire during his wishes to economic actors, January 5, 2023 in Paris (AFP/Archives/Alain JOCARD)

The bill aimed at rebalancing trade negotiations between industrialists and large distributors, which is denounced by the latter, must be “reworked”, estimated Monday the Minister of the Economy Bruno Le Maire.

Article 3 of this bill on securing the supply of consumer products to the French leaves manufacturers free to impose their prices in the event of no agreement.

It must be examined at the beginning of the week by the National Assembly.

“In the absence of an agreement on March 1, any order made by the distributor is made on the basis of the price list and the general conditions of sale in force”, according to the text presented by the Renaissance deputies Frédéric Decrozaille and Aurore Bergé.

On Sunday morning, most of the major retail chains published a joint press release denouncing a bill that would “dramatically and sustainably” fuel the rise in prices.

“As it stands, I think that this bill, which starts from a good intention, must be reworked. We still have a little time to rework it”, declared Bruno Le Maire at the microphone of BFMTV / RMC.

“With the Egalim law” which governs commercial relations between producers and distributors in the agricultural sector, “we have managed to find a fair distribution of value. There I think that the balance has not yet been found”, added The Minister.

In addition, Bruno Le Maire confirmed that the Minister Delegate for SMEs was discussing with large retailers a list of around twenty products on which the latter would undertake “to have the lowest possible price, so that that all together we cushion the inflationary shock”.

“The inflationary shock, today it affects food products a lot. It’s hard for families, it’s hard for households. There are still some for a few months,” he said.

© 2023 AFP

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